November 3, 2008
Runcom Technologies Ranked First Place in the Deloitte “Fast 50″ Program for Fast-Growing High-Tech Companies
RISHON LEZION, Israel, November 3 /PRNewswire/ -- Runcom Technologies Ltd. was announced today as the fastest-growing high-tech company in Israel for the year 2008. The announcement was made by Deloitte, the global accounting firm, in its annual Technology Fast 50 program in Israel. Runcom is the world's pioneer of OFDMA and a market leader of OFDMA solutions complying with the IEEE802.16e-2005 standard for WiMAX applications.
The Deloitte Technology Fast 50 program is part of the Global Fast 500 program, which is conducted every year in three regions: EMEA, Asia Pacific and North America. The Program is looking for high tech companies that achieve outstanding 5-year revenue growth. Runcom is not new in this program as it was already ranked very high in the 2006 and 2007 programs but it is the first time Runcom is awarded the lucrative first place.
"We are delighted to see that our OFDMA technology proved again and again that it can bring companies to outstanding technological and financial achievements," said Dr. Zion Hadad, founder and CEO of Runcom: "We believe that OFDMA will continue to be the leading engine behind fixed and mobile broadband wireless communications for many years."
About Deloitte Fast 50 and Fast 500 programs
Each year companies rally behind innovation, breakdown obstacles, and systematically defy the odds. Deloitte salute this efforts with the Technology Fast 500 program, a ranking of the 500 fastest-growing technology companies in regions around the world. It includes all areas of technology - from Internet to life sciences, from computers to semiconductors - and covers both public and private companies
Runcom is a technology company pioneering OFDMA technology and offering end-to-end solutions for equipment vendors, system integrators and communication operators, that comply with the IEEE802.16e-2005 standard for WiBro and Mobile WiMAX applications; Runcom products include silicon solutions for user-terminals and base-stations, as well as complete Network Operating Center (NOC) equipment including ASN Gateways and AAA servers.
Runcom Technologies is a privately held company headquartered in Israel. For more information, please visit http://www.runcom.com/.
Should you require further information, please contact Mr. Israel Koffman, Vice President Marketing and sales at +972-3-9428874 or +972-545-303110.
Runcom Technologies Ltd.
CONTACT: Should you require further information, please contact Mr.Israel Koffman, Vice President Marketing and sales at +972-3-9428874 or+972-545-303110